Grand Island, NY is a great place to live for those looking for an affordable lifestyle. The average 2 bedroom rental price in Grand Island is $1,320, compared to the US average of $1,430. This makes it a more budget-friendly option for those looking to rent or buy. Additionally, the Grocery Cost Index in Grand Island is 104 versus 100 in the US, making grocery shopping a bit cheaper here too. Some local companies include Bechtel Chevrolet Cadillac and Grand Island Monument Company. All in all, living in Grand Island offers an affordable lifestyle with access to great local businesses.
Grand Island has an unemployment rate of 7.2%. The US average is 6.0%.
Grand Island has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.
Tax Rates for Grand Island
- The Sales Tax Rate for Grand Island is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Grand Island is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Grand Island
- The average income of a Grand Island resident is $34,555 a year. The US average is $28,555 a year.
- The Median household income of a Grand Island resident is $97,128 a year. The US average is $69,021 a year.